POWERED BY MOMENTUM MEDIA
Platform launched to top up super while spending
Rewards platform, Super Rewards, has been launched to help women top up their superannuation through online spending, especially the 76% who do not work or work part-time.
The customer could nominate their super account through the platform and were rewarded for everyday online purchases.
Co-founder, Pascale Helyar-Moray, said: “The simple reality is that the superannuation system was not built for women”.
“Super Rewards will allow women to top up their super, simply by doing their normal shopping and life admin.
“It’s the first step towards providing women with a more equal footing for retirement and, for many women, could be the difference between economic freedom or financial poverty.”
Sharen Page, finance and project officer with Economic Security4Women, said Super Rewards would have an immediate impact on a system that is struggling to support its citizens.
“Our research shows that women of all ages hold a strong fear of experiencing poverty later in life. Superannuation is critical to the economic security and long-term wellbeing of women across the country,” she said.
“Super Rewards provides an immediate way to start addressing the current super crisis; allowing women to save for their future today.”
Over 100 brands such as Woolworths, The Iconic, hardtofind, and Freedom have signed up to the platform.
Recommended for you
The Association of Superannuation Funds of Australia has appointed a new director representing industry funds, among a number of other appointments in recent months.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
The $8.9 billion fund has tapped a fintech company headquartered in Rotterdam as investment performance consultant.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment